802 



FINANCES OF THE UNITED STATES. 



The statement of the capital and distribu- 

 tion of the banks for the year 1871 is herewith 

 presented. There were in December, 1871, 

 under the Bank Act of Congress, 1,786 national 

 banks, with a combined capital of $463,818,- 

 600. At the same time there were 424 banks 



under special charters granted by the States at 

 various dates between 1812 and 1871, making 

 an aggregate banking capital of $574,656,359. 

 The following table will illustrate the relative 

 amounts in each State at the close of the yenr 

 1871: 



BANKS IN THE UNITED STATES, DECEMBER, 1871. 



The number of failures in the country, with the amount of liabilities during each of the 

 fifteen years, has been as follows : 



